Windeln.de wants to file for bankruptcy

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The baby article online shop Windeln.de wants to file for bankruptcy after talks with potential donors broke up. The company announced on Friday in Munich that negotiations with several investors had failed. Therefore, additional funds required could no longer be covered by external donors.

The Executive Board therefore came to the conclusion that the forecast for the continued existence of the company could no longer be maintained. Accordingly, the application for the opening of insolvency proceedings for Windeln.de SE "immediately" be asked. The website Windeln.de was late Friday afternoon
"for maintenance" not available.

A planned capital increase failed in July. Two investors originally wanted to acquire new shares for up to 5.5 million euros as part of the measure. Windeln.de went public in 2015 and took in 211 million euros. However, the hype surrounding the company was short-lived. (dpa)

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